US Wide Median Home Values
Looking at the median value the wealth building strategy seems to hold true for many metropolitan areas. Exclusive suburbs close to finance or tech hubs have seen drastic value increases over the last 2 years like San Jose (by 53.8%), San Fransisco (by 45.5%) and Seattle (by 44.7%). Both US coasts are clustered with million dollar markets. According to Zillow there are 197 cities where you will need a 7 figure check to purchase real estate. California features more than half of these markets, followed by New York and New Jersey.The One Million Dollar Island
Florida has seen its share of rising median values. Miami tops the list with an increase of 30.4%. For example, Fisher Island is the home of the stars that features a median value of about $ 3.2 million. The other 2 larger cities in the Sunshine State are Tampa and Orlando that also saw a higher than average growth with over 20% value increases. However, no other Florida area than Anna Maria will join the exclusive list of the million dollar municipalities next. Zillow is projecting that the median price of island homes will rise to $1.0094 million from the current $964,200. Looking at sales in Holmes Beach over the last 3 months the sold prices seem to confirm this trend.
If you are ready to buy or sell island property consider Duncan Real Estate for the most current, objective and comprehensive information. Our professional team would love to exceed your expectations. After all, Darcie Duncan has a proven track record of 28 years of local real estate experience. Call us at 941 779 0304 or send us
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